These 3 Overrated Artificial Intelligence (AI) Stocks Could Crash in 2024

From Nasdaq:

The explosive growth of the artificial intelligence (AI) market has driven a surge in tech stock prices, with companies like Nvidia and Microsoft benefiting from their involvement in the sector. However, some stocks, including C3.ai, Palantir, and SoundHound AI, may see trouble ahead due to various challenges they face. For example, C3.ai is heavily reliant on a joint venture with Baker Hughes, while Palantir has seen a slowdown in revenue growth. SoundHound AI, despite continued rapid growth, faces tough competition and customer concentration issues. Investors should carefully consider potential risks before investing in these companies.



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